My Trade plan for
Nifty and Bank Nifty Futures trading on 28th, March., 2024
Nifty and Bank Nifty Futures trading on 28th, March., 2024
Rules:
Chart : candlestick 5m chart.
Indicator : NO INDICATOR
NIFTY
Draw Two horizontal lines on the 5m candle stick chart, at 22195 and 22090.
Buy if the candle closes above 22195 keep stop loss lowest low of the previous 4 candles, book profit 40 to 50 points.
Sell if the candle closes below 21090 keep stop loss highest high of the previous 4 candles, book profit 40 to 50 points.
Please note: No trade if the price is with in the two lines. If open price is out site the line wait the price to come in side and break the line.
Bank Nifty
Draw Two horizontal lines on the 5m candle stick chart, at 46960 and 46670.
Buy if the candle closes above 46960 keep stop loss lowest low of the previous 4 candles, book profit 150 to 200 points.
Sell if the candle closes below 46670 keep stop loss highest high of the previous 4 candles, book profit 150 to 200 points.
Please note: No trade if the price is with in the two lines. If open price is out site the line wait the price to come in side and break the line.
KEY LEVELS TO WATCH
| INDEX | KEY LEVEL | RANGE | PIVOT(D) | PIVOT(W) | PIVOT(M) | PCR |
|---|---|---|---|---|---|---|
| NIFTY | 21880 | 22345--21902 | 22008 | 21996 | 21936 | 1.12 |
| BANK NIFTY | 46880 | 47276--46293 | 46639 | 46560 | 46039 | 0.86 |
My List Of Stocks for short term Trading
Momentum
SHRIRAMFIN- TTKPRESTIG- PGHH- MAPMYINDIA- PFIZER- ADANIPOWER- UPL- TEAMLEASE- RELAXO- JMFINANCIL |
Bullish Stocks as per my scanner ABB- SIEMENS- INTELLECT- BAJAJAUTO- MARUTI- BAJFINANCE- TRITURBINE- CGPOWER- TORNTPOWER- SUNPHARMA- ITC |
Bearish Stocks as per my scanner
HAPPSTMNDS- UPL- UJJIVAN- AARTIPHARM- JTLIND- KIRIINDUS- SAREGAMA- ATGL- KAMOPAINTS- SUNFLAG- IPL- MUFTI- RAJESHEXPO- HILTON |
